Avekshaa raises VC funding from Karnataka IT Venture Capital Fund

Date: 09th Nov, 2014

Avekshaa announced it has received Venture Capital funding from KITVEN (Karnataka IT Venture Capital Fund) that it will use to further expand in the US and Australian markets, besides strengthening its presence in India. The company has been offering P-A-S-S™ solutions to leading clients in Banking, Financial services, Insurance and Telecom verticals in India and forayed into US and Australia markets earlier this year.

Press meet was attended by its founders and advisory board members. At the occasion, Rajinder Gandotra, founder and CEO of Avekshaa said “We aim to become the global market leader in the niche P-A-S-S™ (Performance, Availability, Security & Scalability) assurance space over the next five to six years targeting revenues of $100 million.”

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